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20130114
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Search Results 0 to 49 of about 109 (some duplicates have been removed)
CSPAN
Jan 14, 2013 12:00am EST
is fair and right to have a 1% cap on out-of-work benefits, a 1% cap on tax credits, and a 1% cap on public sector pay. what is inexplicable is the position of the party opposite which supports a 1% public sector pay cap but wants more for welfare claimants. that is not fair or right and it should think again. >> ed miliband. >> can the prime minister tell us why on monday when he published his mid-term review he failed to publish his audit of coalition broken promises? >> we will be publishing absolutely every single audit of every single promise -- all 399 pledges set out in the mid- term review. unlike the party opposite, the audit will be full, frank and completely unvarnished and the right honorable gentleman will see it this afternoon. let me perhaps remind him of some of those pledges. we said we would cut the deficit and it is down by 25%, we said we would cut immigration and it is down by 25%, we said we would rebalance the economy and there are 1 million private sector jobs. that is a record to be proud of. >> i am afraid he will have to do better than that. his adviser sai
CNBC
Jan 14, 2013 1:00pm EST
social security taxes. something rotten may be at apple. the stock is dropping, taking with it the nasdaq and a whole lot of mutual funds. so should you get ready to bite? go into apple on the report that scott just talked about. and check out the brand new corvette. iconic car, maybe even more beautiful than it's ever been. that's one of the things on display at the detroit auto show. we will take you to motor city live. but first to sue with the new york stock exchange. >> ty, you saw it moment ago on cnbc. president obama finishing up his news conference in washington. topic number one, debt ceiling deadline. john harwood is at the white house. lines are drawn, john. >> sue, they were drawn very starkly by the president. he asserted that american people vendcated his approach to deficit reduction in the recently passed election. he said he was willing to negotiate over ways to cut the deficit in the future but he accused house republicans of playing a hostage game with debt limit in the debt ceiling very soon and said he will not participate. >> they will not collect a ransom in
FOX News
Jan 14, 2013 1:00pm PST
this. the governor wants to nix the gas tax in the new trappings plan. that works out to 17 cents per gallon. the average cost of a gallon is 3.28 cents so this would 3.10 in one swoop. bob mcdonald. good to have you. what reaction have you gotten? >> it's a big and novel plan. people are still evaluating it. it's a lot of use of our general fund money and putting money into transportation. converting the gas tax, getting rid of that and converting it revenue neutral to a sales tax which grows. gas tax has been in decline because of fuel efficiency, so people are still looking at it. we had a number of major endorsements and some conservative leaders. speaker. house is patron of the bill but there is a lot of education to do because we have to fix our transportation system in virginia. >> neil: what is interesting your colleague in louisiana, bobby jindal wants to get rid of the taxes, sales tax to compensate. isn't that kind of robbing peter to pay paul. taxes have to be paid through some monies. >> let's say prudent tax policy is based on an idea that taxing consumption as oppos
FOX News
Jan 14, 2013 3:00pm PST
with proposals, including up with to give tax credit for those turning in assault weapon. and commission that looks at the overall problem of the mass violence. >> bret: shannon bream, thank you. get insight now from senior political analyst brit hume on both stories and the tone of the news conference today. good evening. >> what is interesting to see the tone and tenor of today, the last news conference of the first term? >> if you heard it and you didn't know when it was, you might think that the election campaign is in full swing. unusually partisan. most presidents may make a quiet reference to other part party. this president is more directly partisan than under normal circumstance than i can remember. i think he senses that the republican party is in bed with the public and if he deepens that problem for them, it softens them up to do things his way. but he was strikingly partisan. >> bret: what does it por tepid for debt ceiling negotiation? >> this is a place where the republicans have more leverage than in the recent fight over the fiscal cliff. the law already was g
FOX News
Jan 14, 2013 12:00am PST
amazing kind of -- [ applause ] >> mike: the president said he raised taxes on the rich to raise taxes on the middle class. why is the middle class being taxed more. coming up country super star john rich and business owners travis perry and william march join me to talk about how taxes are affecting them and their employees. stay with us. i would like to hear from you go to my web site mike huckabee.com and tell me what you think from the lead feedback section. or sign up for facebook page and follow me on twitter. you can find a link to that you can find a link to that and mororothe boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. >> if you have got a job and got your first paycheck of the new year, i bet you have noticed that y
FOX Business
Jan 14, 2013 9:20am EST
here and it's our fault. is a carbon tax coming? yeah, art laffer on that, too, apple may be below 500 bucks a share, we'll tell you. we've got it all. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. >> we're coming right up on the opening bell. this monday morning, we're expecting stocks to go down just a little in the opening. a very small amount, and the well has stopped ringing and that means we're open for business. wha
FOX News
Jan 14, 2013 6:00am PST
happened in california and governor jerry brown? they raised a lot of taxes and a lot of stories are moving in california moving from deep in the ready to in the black and coming at a high price in california. is it likely democrats will sell the story, that spending is not,er so, spending cuts are not the way to go, raising more revenue, more taxes is? >> oh, look i'm certain that is coming. there is no question in my mind that is coming but i can also assure you, bill, what is coming from the other side in the long run that hurts economic growth. in the long run that will bring about less revenue rather than more. what you're doing there you're taking money away from job creators. ultimately you will kill jobs that will bring about less revenue and everyone hurts as a result of that. it is not just those at the top end of the economic scale. it is those along every end of the spectrum and especially those who are hard-working americans living paycheck it paycheck. that is who those tax increases really hurt. in the end the government loses as well. bill: senator, thank you for
SFGTV
Jan 14, 2013 3:00am PST
legislation on this and finances district proceeds are basically tax increpts that is baseline established and growth above that baseline of what pedestrian interest tax and so it's similar to increment financing and these are at the growth and tax of project's cause that otherwise go to the taxing entities pribblely the generally fund and we hold those proceeds to repay the investment and infrastructure. so no, to the proposed policy. there has been a long tradition both in the charter and in the burton act that the harbor fund is a self supporting the port is a self supporting enterprise and the city obviously, we pay for that was we purchase from the city and we want to maintain a balance so that the 50 city is not subsidizing the hash fund for our activities and the general services that we require from the city and so we have under taken a nexxus analysis in 2004 and eight that looks at the balance of payment and the next is the methodology that ports with long term leases where the tenants pay tax they pay ampleel tax to be provided these services like any other taxpayer and so the n
CNBC
Jan 14, 2013 4:00pm EST
some homeowners find that they owe back property taxes and maintenance fines on a home they thought they'd lost. maria? >> all right, diana. stay there. we want to get reaction now within real estate from real estate attorney sherry oliphson. good to see you. >> thanks. >> should a process be in place to avoid the zombie foreclosures? >> well, absolutely. i mean, we've learned through this crisis that foreclosure litigation is unlike any other litigation. we have time frames as a result of the robosigner and others that diana referenced for banks to complete short sale processes and notification requirements 37 and these other requirements if foreclosures are not going to be pursued need to be enforced. not only for the homeowners but also for the neighbors and for investors in those banks. we're talking about as many as 2 million mortgages that are in zombieland. who knows what financial impact that's going to have when it shows up on the bank's books? >> sure which is what diana was reporting. should the banks have a time limit to decide foreclosed or notify the homeowners? >> the
FOX Business
Jan 14, 2013 1:00pm EST
stocks and etfs last week. is that a trend? that's ahead. >> a number you don't here with taxes, 0, but that's what the louisiana governor is proposing, a zero corporate tax rate and income personal tax rate. we have the man who crafted the plan here with more details. interesting. >> that fits me, but how does that get offset? >> there you did. there you go. >> okay. updated on the markets like we do every 15 minutes. nicole, we have bank earnings out this week. how are broader markets doing? >> a lot going on. friday, the dow went over the unchanged line 50 times, today, no different, back and forth action. the dow is gaining five points, but the nasdaq and s&p both pulling back some, and, of course, the nasdaq weighed down by apple, and let's get financials up for you. today is a weak day of earnings, and names in focus like goldman, bank of america, citi group, and morgan stanley. the group ran up over 26% in the last year, and the estimates have come down considerably from sector to sector so this group, obviously, estimates trimmed to a certain extent. back to you. >> thank y
FOX News
Jan 13, 2013 8:00pm PST
president said he raised taxes on the rich to raise taxes on the middle class. why is the middle class being taxed more. coming up country super star john rich and business owners travis perry and william march join me to talk about how taxes are affecting them and their employees. stay with us. i would like to hear from you go to my web site mike huckabee.com and tell me what you think from the lead feedback section. or sign up for facebook page and follow me on twitter. you can find a link to that and mororororororor (dog) larry,larry,larrryyy. why take exercise so seriously,when it can be fun? push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... incles grains and real chicken, because a healthy dog is a playful dog. beneful healthy weight. find us on facebook to help put more play in your day. so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody
CNBC
Jan 14, 2013 6:00am EST
. that's when the top income tax rate in the country will drop the 45% from 50. the strategy relates to bonuses that were deferred from 2009, 2010 and 2011. goldman brought forward payments of deferred stock to executives in the united states to 2012 in order to beat tax hikes implemented for top earnses in 2013. we will talk more about bonus season later today with alana einstein. >> it shows you how crazy it is when all of these countries have moving targets for taxes. everybody plays around the corners and tries to evade as much as they can. >> i guess al jazeera gore missed by a day. >> you're saying he should have sold? >> he's trying hard but, anyway, he's worth more than romney now. >> i did hear that. >> how much is he worth? >> like 100 million from selling his left wing green outfits to the -- one of the biggest oil -- i love him. anyway, yeah, i don't want him to blow it all on food and stuff like that. >>> and swatch is buying the luxury jewelry arm of harry winston for $750 million in cash. swatch is the biggest watchmaker by sales and the latest deal should help it expand
CNN
Jan 14, 2013 9:00am PST
loopholes through tax reform, which speaker boehner has acknowledged can raise money in a sensible way, and by doing some additional cuts, including making sure that we are reducing our health care spending, which is the main driver of our deficits, we can arrive at a package that gets this thing done. i'm happy to have that conversation. what i will not do is to have that negotiation with a gun at the head of the american people. the threat that unless we get our way, unless you gut medicare or medicaid, or, you know, otherwise slash things that the american people don't believe should be slashed, that we're going to threaten to wreck the entire economy. that is not how, historically, this has been done. that's not how we're going to do it this time. [ inaudible question ] chuck, what i'm saying to you is that there is no simpler solution, no ready, credible solution other than congress either give me the authority to raise the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling. because this is about paying your bills. everybo
FOX News
Jan 13, 2013 5:00pm PST
raise taxes on the rich to help the middle class. so, why is the middle class being taxed more? coming up, country superstar john rich and small business owners travis perry and william marsh join me to talk about how taxes are affecting them and their employees. stay with us. i'd like to hear from you, go to my website, mikehuckabee.com. tell me what you think. or sign up for my facebook page and follow me on twitter. find a link to that and more on mikehuckabee.com. people have doubts about taking aspirin for pain. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur (applause) >> if you've got a job and you've got yo
SFGTV
Jan 14, 2013 3:30am PST
feasiblability for this probability indicates a 9 million-dollar tax benefit to the city after the cost of the city services and this is after netting out the property tax increment that we would capture through the i f b and so this is really coming from gross receipts tax and sales tax and other tacks that would continue to flow to the general fund. and elane mentioned the idea of excess tax increments and after the project needs are paid there is up to one $.6 billion paid in excess taxes generated from this site. pier 70 is a bit more complicated in that it's divided into a number of districts and a master plan starting in 2,007 and the commission chose to let out pourings of this site in sort-of a segmented manner and the water personal property site is the site under contract for a city development or in development is managing the rehabilitation of the historic buildings along 20th street, we have our ship repair under least and you have heard david talk about cran copark. four city's this the process of doing due diligence for the property right now and they are concerned that i
CSPAN
Jan 14, 2013 8:00am EST
tax. it seems likely that there'll be a yearlong debate about corporate taxation here in washington in the year 2013. most businesses are global in some respect now. not all, but most big businesses for sure. if you're a big business and you look over to china, you'll see in their five-year plans in energy or in information technology specific promises to have a 15% corporate income tax rate. you come to the united states, you have no predictability, you don't know what it is, and the current rate is much, much higher than that. we need reforms that say to businesses we want you to invest here in the united states. while we're having this big debate about corporate tax reform, let's include in it specific reforms for the energy sector that, in fact be, are designed to attract a massive amount of new investment to build a clean energy platform. let's have that be a subpart of the corporate tax reform debate. another example, the carbon tax. the carbon tax is a prod-based -- broad-based tax that does not, in fact, have to have a big impact on consumers. it could be placed on electric uti
Comedy Central
Jan 14, 2013 10:30am PST
albatross than suffer the deal accepted by republicans from owe balm yanch president obama increased taxes on the rich. >> taxes go up for singles making over $400,000 or more. it goes from 35% to 39.6%. >> 39.6%, mr. president? how is kim-ye supposed to afford a baby now? nation, nation, listen -- i don't want to brag -- but i make in excess of 400 large a year and by large i mean biggie fry, biggie coke. okay? i'm successful. if the government punishes me for it with the tax increase maybe i won't want to be anymore. >> it lowers the incentive of the people you want to take risks and to inknow rate is and to create. >> it's a disincentive to work. >> why do we want to punish success for crying out loud? why punish success? how can we makers continue to make what we make. why screen a personal husband and wife omelet team? maria, um bettero, i have terrible news. [ laughter ] thank god this horrible deal has loopholes. >> included in this bill were tax breaks for porto rican -- puerto rican rum growings, algae growers chnch -- >> stephen: which is why i'm proud to introduce captain colber
LINKTV
Jan 14, 2013 2:00pm PST
their falling support in opinion polls by announcing a plan to crack down on income tax evasion by higher earners. the party is planning to make the issue a top campaign topic in the national elections that are taking place letter -- later this year. >> they have been meeting and they and build that plant, which even some inside the party say will not raise -- been meeting and they unveiled that plan, which even some inside the party say will not raise support. >> the social democrat challenger for chancellor says this must stop. >> if the vast majority of german taxpayers feel as if they are the stupid ones for being honest about paying taxes, it begs the question how just is the system in this country. >> the social democrats are calling for a number of measures, including rescinding the licenses of banks accused of systematically helping tax dodgers. they want to create a central authority to investigate tax fraud and harmonize procedures across the federal states. they also want to extend the statute of limitations on tax crimes. they want to improve coordination in europe when
CSPAN
Jan 13, 2013 9:00pm EST
coming and they are equally inaccurate i think. >> host: let's talk about taxes. published in 2012 that talks about a grover norquist and james madison. so, how and when it comes to the issue of texas or taxes with representation. they revolted a few times and our shays' rebellion, the whiskey rebellion, there were -- there was quite a bit of anti-tax sentiment in america. that said, the constitution is virtually unlimited in the taxing power that it gives to the government, and hamilton road 30 through 35 about the need to collect taxes and there are a number of places that says i think very straightforward that doesn't make it into the glenn beck version that says it is politically difficult to raise taxes and that is all this could be politically difficult. q. do not ever want to do anything to add a structural difficulty by putting something in the constitution to limit the ability to raise taxes because you cannot receive the future that it is dramatically irresponsible to do something like i don't know to get pledge and you'll never in your life as a legislator vote to increa
CSPAN
Jan 14, 2013 12:00am EST
equally inaccurate, i think. >> host: so let's talk about taxes. this might be the only become publishedded in tw 2011 that talks about grover nord nordquist. what is the history, tell us from the 18th century and how has the right wing used that history today? >> americans never liked taxes. they didn't like taxes without representationment they didn't like taxation with representation. they revolted a few times, the whiskey rebellion. there was quite a bit of antitax sentiment in america. that said, the constitution is virtually unlimited in its taxing power it gives to the government, and hamilton wrote about that need to collect taxes, and in there -- a number of places he says, i think very straightforward, doesn't make it into the glen beck version, these essays -- but says that it's politically difficult to vote to raise taxes and always going to be politically different to vote to raise tacks. you do not ever want to do anything to add a structural difficulty by putting something in the constitution to limit the ability to raise taxes because you can't foresee the futur
CNBC
Jan 14, 2013 9:00am EST
paycheck on friday? the payroll tax hike obviously kicking in for many americans. felt like a pay cut. will this be a temporary shock or a headwind as stocks hover at five-year highs. >> ubs achoirs tnt after a commission throws up road blocks. >>> to the top story. in the pre-market, we've seen apple shares fall below $500 for the first time in 11 months. the tech giant has cut its orders for iphone 5 components because of weaker than expected demands. screen orders for january to march quarter have fallen about half. the company had planned to order. apple said to cut orders for components other than screens. now, jim, we've had sort of this concern about demand for the iphone 5. i think last week when deutsche bank came out with the note from the japanese team, specifically citing this very issue, that's when the concerns really started to mount and the stock really started feeling the impact. >> i think that there's something wrong with the iphone 5. i think that samsung has come on very strong. when you go to a resaler, the sales for samsung are much stronger than they used to be
SFGTV2
Jan 13, 2013 9:30pm PST
class and middle-class people, people who are working and paying taxes. we need to have them here for a functioning economy. i am looking for ways to fund more of that kind of housing, particularly for a central employees like teachers, nurses, first responders. we need to make sure that our development is a transit- oriented. we do not want to encourage suburban sprawl. we want to do infill housing so that people can live near where they work and near public transportation. >> let's talk about public transportation. is there adequate muni service in your district? what is the parking and traffic situation like? >> muni is not near where it needs to be. in the caster, we have the subway. -- in the castro, we have the subway. a can be terrific or frustrating. we are next to the bart line. in other parts of the district, is unreliable. the writeridership is lower bece of unreliability. other lines are not as frequent and people not think of using them. we have a particular problem in diamond heights. the neighborhood is served primarily by the 52 line. it is incredibly unreliable. the bus
FOX Business
Jan 13, 2013 10:00pm EST
state, personal, and corporate income tax does. the plan is to make louisiana more business friendly. no better way than to drop taxes it could be in response to the neighbor taxes which has had no income tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five years since
FOX News
Jan 14, 2013 3:00am PST
going to have that option because when you file your taxes, you'll have to attach proof that you are in a government-mandated plan. >> gretchen: wow. >> so if you earn too much to be eligible for medicaid, you will have to go shop on the state health insurance exchanges. >> gretchen: so these health insurance exchanges, a lot of this is rolling out now. >> they'll be open in october. and most people have never heard of these. but they're like an 800 number, a web site, and a dmv type office. and they only sell the government man-dated plan. it's like going to a dealership that sells four door sedans. >> gretchen: they dictate what you're going to get. i thought obamacare was supposed to give you a choice? >> no, there really will be no choice. there will be bronze, silver, gold and platinum. but they all have the same coverage. only the co-pays differ. section 1311 puts the federal government in charge of your health care fort first time, even if you have a private plan you paid for yourself. the secretary of health and human services can still dictate what doctors do, what kind of i
PBS
Jan 14, 2013 12:00am PST
people in the u.s. government. take a listen. >> there may be some tax provisions that can encourage businesses to hire sooner rather than sitting on the sidelines. so we're taking a look at those. i think it is important, though, to recognize that if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the us economy in a way that could actually lead to a double-dip recession. >> i remember that well. and at the time it was going on, i do occasionally find myself in meetings with very serious people myself. i guess i am personally one now and then. there was this widespread view among people, and not all of it venal, not all of it self-interested, that somehow things were hanging by a thread. that any day now we could have a run on u.s. government debt, which was wrong. but, okay, i can see how people could for a while have believed that. but a lot of time has gone by since then. and i hope that at least some people have learned better. but it's amazing how little the continued failure of these warnings to actually be
CSPAN
Jan 14, 2013 7:00am EST
placed a large financial burden on the bar were. monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for the financial industry when it comes to the home market. people worked all their lives to provide a home and held for ways to get it paid off before they retire. this is the one area that the government needs to regulate and regulate closely and i am glad we're finally doing that. now, of course, we have drawn a line in the sand that we can hopefully reclaim. can we hope that it will ever change back to what we thought we had been through? guest: an excellent question. another one to add to that is -- will the regulators have the appetite to r
CSPAN
Jan 14, 2013 12:00pm EST
extend any of the bush tax cuts for the wealthy and you did. you say you're not going to negotiate this year, why should house republicans take that seriously and think if we did into the 1 minute until midnight scenario that you will not back down? >> first of all, julianna, let's take the example of this year's fiscal cliff. i did not say we would not have any conversations out all about extending the bush tax cuts. i said we would not extend them for the wealthy. we did not. now, you can argue that during the campaign i said i set the criteria for "wealthy" at $250 on dollars and we ended up being a $400,000, but millionaires are paying more taxes, just as i said. from the start, my concern was making sure we had a tax code that was fair and protected the middle class. when biggest priority is making sure that middle-class taxes did not go up. the difference between this year and 2011 is the fact that we have already made $2 trillion in cuts. at the time, i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. at t
Comedy Central
Jan 14, 2013 10:00am PST
simultaneous expiring of the bush tax cuts and deep across-the-board spending cuts that congress scheduled to kick in january 1 so congress couldn't negotiate a fiscal solution by january 1. confused? let me put it in terms of a 21st century analogy that can crystallize the point of it. pretend america is a successful railroad company. that has fallen on some hard fiscal times. there's an argument within the company about whether to make some changes to the dining car offering, maybe cut fares for less wealthy riders or on the other side of the argument where trains themselves are steel beasts that stalin invented to kill freedom and martha washington. this is clearly a large gap to bridge in negotiations they added what we call in the movie business the ticking clock in the form of a dam sell tied to the track. the damsell in this case representing our entire economy. yes, we tied a woman to the track. to force us to deal with the train. so the stage was set for serious people to arrive at a serious solution. seriously. >> a lot of partisan rhetoric on both sides, talks on the f
NBC
Jan 14, 2013 12:30am PST
, first of all, i'm not going to cut spending unless you also raise taxes and, by the way, i'm not going to negotiate on the debt ceiling. if past is pro log, i don't think the market or the private sector is going to pay attention to this until the last minute, which means sometimes in the first few weeks of february. >> do you think we will see spending cuts, and by the way, do you think we'll see even higher taxes, greg? >> well, i think we will but i don't think we're going to see it in the form of the grand bargain. i think that kind of both that phrase and that method of doing deals is basically dead. it just doesn't work. the president believes that the speaker of the house of representatives john boehner, he just can't deliver. republicans, there's a deep lack of trust with respect to the administration. my expectation is that you're going to see a lot of muddle through this year. you might see the debt ceiling raised in one-month increments. i think you're going to have to get used to this pervasive patchwork and lack of certainty. >> jerry, i don't know how good that is.
FOX News
Jan 14, 2013 10:00am PST
closing more loopholes and that means higher taxes. we don't know on who, but he would not specify any specific spending reductions and refusing to negotiate with the house republicans on the issue of the debt ceiling. lou, an interesting couple of months. looking forward to it. >> megyn: all right. thank you, sir. >> thanks, megyn. >> megyn: with the president refuse to go negotiate on that debt ceiling, it's coming and we're going to hit it and there's going to be a real question what we will do. he negotiated the last time and suddenly says he doesn't want to negotiate anymore and the republicans have drawn a line in the sand when it comes to these spending cuts, saying, if we don't see a dollar for dollar spending cut in the amount you want to raise the debt ceiling, there's no deal. what kind of progress can we hope for here? our political panel debates that coming up in our next hour. now to another big debate playing out in washington over the obama administration's efforts to overhaul the nation's gun laws. we heard some of that this morning. here is the president addressing th
FOX
Jan 13, 2013 4:00pm PST
, connects to all the spending and taxes, issues and will they have some way where they'll say, let's work together or are we going to have four more years of this petty, stupid fighting on things that makes everyone look ridiculous, and no one comes out the winner. >> >> chris: before i get to you -- and what about the president's side of it? do you agree that he has taken a more combative tone since the election? >> he has. but, you know, we were going to have tax increases for everyone and he, and to speaker boehner's credit. they wound up agreeing and did biden and mcconnell, that we're going to give 99% of the people in this country a permanent tax cut. that is a big accomplishment and of course everyone dumped on it when it happened but the 99% of the people who got the tax cut, i think, are quite happy. i think they haven't figured out a strategy in the white house, just like the republicans don't have one. >> there are two issues, issues the president ran on is the election campaign and, he has no credit abilities to say, i won the re-election, and i think he can say to democr
FOX Business
Jan 14, 2013 11:00am EST
more revenue through tax reform by closing loopholes and our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on healthcare and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investment in things like education that will help us grow. it turns out the american people agree with me. they listened to an entire years debate over this. they made a clear decision about the approach. they do not think it is smart to have tax breaks for the wealthiest americans. they want us to get our books and order in a balanced way where everybody pulls their weight, everyone does their part. we can get it done, but we will have to make sure that people are looking at this in a responsible way rather than just through the lines of politics. something most americans had not even heard of before two years ago. i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling is not authorized or spending. it allows the country to make spending that congress has
FOX News
Jan 14, 2013 8:00am PST
revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight, everyone does their part. that's
CNBC
Jan 14, 2013 12:00pm EST
any of the bush tax cuts for the wealthy. and you did. so as you say now that you're not going to negotiate on the debt ceiling this year, why should house republicans take that seriously and think that if we get to the one-minute to midnight scenario that you're not going to back down? >> well, first of all, julianna, let's take the example of this year in the fiscal cliff. i didn't say i wouldn't have any conversations about extending the tax cuts. what i said was we wouldn't extend bush tax cuts for the wealthy and we didn't. you could argue during the campaign i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is, millionaires, billionaires, are paying significa ining signific taxes just like i said. from the start my concern was making sure that we had a tax code that was fair and that protected the middle class. and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 2011 is the fact that we've already made $1.2 trillion in cuts. at the time i indicated that there were cu
CNBC
Jan 14, 2013 6:00pm EST
tax. it's a return of an old tax but playing havoc with domestic stocks. so is all of the partisanship that makes our country seem like a mickey mouse place to invest and uncertainty going forward, every single democratic government on earth seems to be better organized and smoother functioning than ours. that uncertainty caused by that lack of confidence and higher payroll taxes might have something to do with the declines. telco was a place to hide back in 2012. at&t and verizon saw slow downs. apple and samsung, we love these companies because they had no europe last year, in china, no mexico. now we wish they had all three and there was business formation. let's focus on the other half of the equation. it's a little. where the money is going. last night china heads to one more marketable session. holy cow, courtesy of new attitude. the gold double digit growth is taking up the fxi. follow along, but it is taking up to the ancillary chinese place, like coach. did you see that today. rallying more than $2. we are seeing steady names in big commons. totalling chinese dema
NBC
Jan 14, 2013 12:00am PST
forcing them to take those things like taxes, and then perhaps leading to a primary challenge for those republicans who voted in favor of higher taxes. chris: somebody on the hard right then? >> as we saw in recent elections democrats have a pretty good track record in general elections against some of these fringe candidates. chris: well said. >> chuck hagel. big discussions. unlike with susan rice where she hung fire for weeks and was dropped, or she dropped herself, this time he stuck with hagel after all the heat against him on -- some from the gays and the left and the neo-cons and where is he heading? put a guy out there in your face as howard said? >> he thinks that he can win. first of all it wouldn't look good if he backed down after what happened to susan rice and i think he thinks he can win this. and there are certain things about chuck hagel's resume that set with what he wants to do with defense. cutting defense spending, that sort of thing. it makes sense so he's going to stick with his pick. chris: is hagel, barack obama with a war record, is he really the guy that
NBC
Jan 14, 2013 5:00am PST
fiscal cliff. good morning. >> good morning to you, laura. the expiration of the payroll tax holiday is really to blame. as we first reported when congress failed to solve the fiscal cliff kicking it down the road, your social security tax went up. even as you kept the benefit from the bush tax cuts. now, if you were surprised by that, blame us in the media because looking back on it, we kind of took a shortcut we shouldn't have and that is we reported the average tax break under that bush tax cut was $1,000 or more. it's more money you would lose to higher payroll taxes. the problem was that $1,000 average was true but lousy way of expressing that. the rich got an enormous tax break and that skewed the average. put another way, well, put another way, it's not the money you were expecting. i'll explain more about it coming up in just a bit. back to you. >> all right. thank you very much. it's 5:31 right now. the hot water we can tell you still off this morning for hundreds of seniors in a san jose apartment complex. residents of the town park towers on third street have been without hot
MSNBC
Jan 14, 2013 9:00am PST
ceiling, and you did. last year you said that you wouldn't extend any of the bush tax cuts for the wealthy, and you did. as you say now that you're not going to negotiates on the debt ceiling this year, why should house republicans take that seriously and say if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, let's take the example of this year and the fiscal cliff. i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the middle class, and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 20112 is th
CNN
Jan 14, 2013 1:00pm PST
today that he will not negotiate deficit reduction, tax increases and spending cuts attached to the debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should have. >> reporter: in this press conference that was called last minute in the east room, president obama said he will negotiate a deal on deficit reduction but not, as he put it, quote, with a gun to the head of the american people. as you know, joe, republicans are saying they're not going to increase the debt ceiling unless th
CBS
Jan 14, 2013 7:00am PST
" says many workers were surprised to see higher payroll taxes in the first paycheck of the year. it shrank take home earnings bys by 2% or more. a temporary cut in social security and medicare taxes expired as part of the fiscal cliff compromise. >>> and sunny california has turned into shivering california. frost and freezing temperatures are blanketing the state for the fourth night in a row. so far, citrus growers say they protected their crops using water and heaters. no significant crop damage is reported. overnight temperatures in los angeles over the weekend were in the 30s and in the 20s near san francisco. that's why everybody was cold. >> and we were >>> that's why i love the weather. it's always strange. and it is very cold out there right now. in fact, chilly temperatures in the bay area in the 20s and the 30s. we're currently under a freeze warning at this time. nice and clear. that cold air setting overhead freeze warnings up in many of the valleys. temperatures these numbers in the 20s and 30s. by the afternoon, highs only expected to be in the 40s and 50s. >> announc
CSPAN
Jan 13, 2013 8:00pm EST
of taxes and do not end up consuming many of them. many immigrants come in and only want to work here for 10 years and then move back to their home countries. people might say, is it not humane to pay them the authority to not pay and benefits? more into maine to not help them. >> how many americans are libertarians? >> self describe libertarians, depending on which poll you look at, you might get 10% or 15%. if you give people a battery of questions, do you believe in x and y, depending on which poll you look at, you get up 30% of americans. if you ask the following question -- are you economically conservative but socially liberal, you get over half calling themselves saying that is what they are. that said, just because people say these things, it does not necessarily mean they believe them. if you ask most americans if they want smaller government, they say yes. if you want the government to spend less money, they say yes. they do not want to cut anything on the budget. it is not clear they really believe in it. i would have to say roughly as low as 10% and as high as 30%. if libe
FOX News
Jan 14, 2013 2:00am PST
morning. are you possibly cutting back because you are paycheck tax hike. lauren simonetti joins us with more on this. most americans buy tomorrow will have experienced this hit in their paycheck. >> already 134 million americans are feeling the 2 percentage point increase in the social security tax. that's expect to do drum up 125 billion in revenue for the government this year. but it's likely already eating away at your disposable income trips to the movies and restaurants brands you are buying at the food store. the increase means american families have this much less to spend this year $354 for those living at the level. the average income being 64,000. 2400 for those making $1,134,000. >> we were not aware that was going to happen. >> something people can't avoid buying gas. gas prices have increased. >> backup. on october 5th gasoline average 3.46. it fell $0.58 that stopped the average price $3.32. that's an crease of $0.07 in two weeks. they are starting to pass on the higher cost of crude oil. prices will go up until the next few weeks until they possibly go back down. the
SFGTV2
Jan 14, 2013 7:00am PST
in america. but not nearly as much as if we hadn't passed a one-cent sales tax dedicated to water and sewer infrastructure. hunter: that sales tax counts for about a third of the revenue of the department right now. franklin: we got 75% of the voters to agree to tax themselves so that their children and their children's children could have clean water because we're investing in it now. hunter: there were no alternatives. the infrastructure was in dire straits. a lot of people didn't want to believe it had to be done, but it had to be done. what came out of those lawsuits by the upper chattahoochee river keeper were two consent decrees, focused on overflows. the intent is, city of atlanta, you need to keep the flows in the pipe. narrator: with the help of the funding the city raised, atlanta has been implementing an asset management plan that evaluates and addresses their infrastructure issues. hunter: it's a continuum. at one end, you have your regular maintenance that you do every day on the system, and at the other end, long-term planning so that every year we're repairing, replacin
LINKTV
Jan 14, 2013 9:00am PST
nation states. our intellectual world cannot be censored or deleted or text -- taxed in the manner that we have suffered so long in nation states. on the internet there is no direct physical force, the need to be policed in that manner. we do not need armies on the internet. we do not need policemen on the internet the way that we are mainly in our regular nation states. we do have this opportunity with careful use of cryptography and the movement behind it to achieve some form of independence for the intellectual record and for our communications with one another. those aspects of cryptography we have used with varying degrees of success in wikileaks to publish materials that no other publisher in the world was able to publish because they were constrained by physical threats within particular nation states. >> julian assange, we are talking to you on the day that bradley manning is expected to testify. we heard publicly for the first time in over two years at fort meade. his lawyer has said he would plead guilty to certain charges, and that is releasing documents that he got in iraq o
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